Risk management serves to prevent financial losses in the event of payment defaults by registered market participants. All balance group representatives must therefore deposit variable collateral and base collateral based on their total turnover, with the former being used to cover payment defaults by the respective BGR. The amount of collateral required depends, among other things, on the results of the credit assessment carried out by OeKB to evaluate the financial situation (first during the registration process and then on an annual basis).
Basic collateral also serves to cover these payment defaults. Furthermore, within the framework of joint and several liability, it also serves as collective collateral for payment defaults that are not covered by the variable collateral of the individual market participant.

This dual collateral concept is designed to cover as many risks as possible in connection with payment defaults by individual market participants.

APCS continuously reviews and improves the content of the existing risk management concept.

• Annex Risk management
• Indicative prices